Multi-Cap Core Equity

The 1919 Investment Counsel (1919ic) Multi-Cap Core Equity Department's strategy is diversified with a concentration in U.S. small- and mid-cap stocks. Our primary goal is to add value through our proprietary research, judgment, and discipline rather than replicating an index. The style is complementary to the 1919ic core equity strategy.

The bias towards small- and mid-cap companies underscores our belief that to achieve long-term capital appreciation one must invest in companies that will offer superior growth rates over the long term. There is no restriction on company size, giving us the flexibility to hold names that have crossed the threshold from mid- to large-cap, yet continue to meet our investment criteria.

Our Approach

The team analyzes demographic and regional trends to determine the earnings potential of particular companies. Using the same analysis we then seek to identify investment themes to take advantage of long-term secular trends in the economy. In order to maximize potential returns, we will at times overweight or underweight certain sectors.

Key Differentiators

Invest in stocks for the long term

Proprietary bottom-up fundamental independent research

Significant sector concentrations

Do not mirror any index

Low turnover portfolios

All investments involve risk and there is no guarantee investment objectives will be met.

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